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The Bank for International Settlements (BIS) as ideological fortress for monetary technocrats — Vadym Syrota

Summary:
Not MMT per se, but it explains something of the tenacious hold that neoliberalism has on economic and monetary policy owing to the Bank of International Settlements ((BIS).Monetary Policy Institute Blog #146The Bank for International Settlements (BIS) as ideological fortress for monetary technocratsVadym Syrota, Ph.D. in economics, independent banking expert, contributor to the specialized blog of the Kennan Institute Woodrow Wilson Center (USA)See alsoThe development of BRICS and its expansion in the Global South speaks to this issue internationally. In this view, it is not possible to reform the existing system. Another system this is based on different assumptions needs to be developed instead.The failure of heterodox approaches to reform or replace neoclassical economics also argues

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 Not MMT per se, but it explains something of the tenacious hold that neoliberalism has on economic and monetary policy owing to the Bank of International Settlements ((BIS).

Monetary Policy Institute Blog #146
The Bank for International Settlements (BIS) as ideological fortress for monetary technocrats
Vadym Syrota, Ph.D. in economics, independent banking expert, contributor to the specialized blog of the Kennan Institute Woodrow Wilson Center (USA)

See also

The development of BRICS and its expansion in the Global South speaks to this issue internationally. In this view, it is not possible to reform the existing system. Another system this is based on different assumptions needs to be developed instead.The failure of heterodox approaches to reform or replace neoclassical economics also argues for this.

Developing Economics — A CRITICAL PERSPECTIVE ON DEVELOPMENT ECONOMICS
Eiman Zein-Elabdin | Professor of Economics at Franklin & Marshall College, USA



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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